2022 Food Prices Inventory 
Modern Restaurant Management
MARCH 21, 2024
This means lower interest rates for businesses financing inventory and investing in expansion. However, a tight labor market and stubbornly high food prices will continue to weigh on restaurant margins in 2024. While we do expect 2024 to present challenges, we are optimistic about the overall economy and the role of U.S.
Modern Restaurant Management
OCTOBER 20, 2023
2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. In addition to the abovementioned sources of data, an increase in reservation and food delivery app use has led to a surplus of diner data.
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Modern Restaurant Management
JUNE 28, 2024
The cost of food delivery is a concern in terms of the fairness of food prices (69) and pre-tip taxes and service fees (69). The ACSI Restaurant and Food Delivery Study 2024 is based on 14,604 completed surveys. Uber Eats, at 74, edges out the other reported brands, DoorDash (73) and Grubhub (71).
Modern Restaurant Management
FEBRUARY 5, 2024
Nearly all restaurateurs (98 percent) believe AI will solve some of their staffing challenges, particularly around food prep and delivery management (42 percent), voice ordering technology (41 percent), predictive ordering and inventory management (39 percent), and food prep robots (38 percent). percent in 2023.
Modern Restaurant Management
MAY 7, 2021
The first of the three new restaurants is slated to open in Jacksonville in spring of 2022. ’ We’re one of the only restaurants serving filet mignon and lobster at fast food prices.” “It’s a thrill to witness our passion project appeal to so many.
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